MD of Iran Shipping Lines resigns

The Managing Director of the Islamic Republic of Iran Shipping Lines (IRISL Group), Mohammad Saeedi, has…

AIB probes Med-View flight’s loss of cabin pressure

The Accident Investigation Bureau (AIB) said it has commenced probe into an incident involving a Med-View…

SIFAX wins BusinessDay award 

SIFAX Group has bagged the Next Bulls Award of BusinessDay newspaper.   According to the Publisher/CEO…

Egypt offers 45% discount to attract ships

The Egyptian government has announced a package of incentives and discounts of up to 45% on…

Canada slams fines on vessels for breaking speed limit

The Canadian government has imposed fines on two ships for breaking mandatory speed limits set in…

Indonesia says won’t enforce IMO sulphur rule on domestic fleet

Indonesia will not enforce new global rules mandating low-sulphur marine fuels on its domestic shipping fleet…

Denmark backs Britain on Hormuz naval mission

Denmark said on Friday it welcomed the British government’s proposal for a European-led naval mission to…

DP World to build $1.2bn container terminal in Indonesia

Dubai-based port operator DP World and Indonesia’s conglomerate Maspion Group have signed two preliminary agreements to…

Port of Virginia handles record 2.9m TEU 

The Port of Virginia handled a record 2.9 million TEUs in fiscal year 2019, a result…

Iran suggests swap of seized ships with UK

Iran might release the UK-flagged, Swedish-owned tanker Stena Impero if the UK does the same with…

Vietnamese shipping fleet ranked 30th in the world

Vietnam’s shipping fleet with more than 1,500vessels and a total capacity of 7.8 million DWT is…

Truck driver in court over N190,000 theft

A 25-year-old truck driver, Odera Anyaji was on Thursday arraigned before an Apapa Magistrate’s Court for…